1943975
You'll need to sign in or create an account to connect with an expert.
You can delete it from you entered it. Go to your business schedule and enter it inside the business section under income. This lets the program know it is definitely related to your contracting/ self-employment work.
Box 1 is for contractors that were paid in full with no taxes taken out. Now, you must pay the Medicare and Social Security tax that the employer normally pays. The only way to file the taxes is on the self-employed form. Which means you do a business return. You also get to write off any expenses you may have had in performing the work.
Self Employment tax (Scheduled SE) is automatically generated if a person has $400 or more of net profit from self-employment. You pay 15.3% SE tax on 92.35% of your Net Profit greater than $400. The 15.3% self employed SE Tax is to pay both the employer part and employee part of Social Security and Medicare. So you get social security credit for it when you retire.
The income goes on schedule C for self-employed. You will have to use the Deluxe version or above to add the form. If you want to claim any expenses related to the income, you have to go all the way to the top versions, Self-Employed or Home and Business.
See Self-Employed Individuals Tax Center or Industries/Professions for more help.
I am having same problem- cannot file because of it. I have entered my 1099-NEC and deleted it many times in my self employed income section- this is definitely a bug. I ALSO deleted it, logged out, went to another browser and tried it there. Same thing. Very frustrated.
This issue has been resolved. Please follow instructions by click on the attached link:
Why am I not able to link my 1099-NEC
One of the most common reasons you’d receive tax form 1099-NEC (Form 1099-MISC in prior years) is if you're self-employed or did work as an independent contractor during the previous year. The IRS refers to this as “nonemployee compensation.”
For more information, click here: 1099-NEC
I have the same problem. After entering and reentering and double checking for errors on the prompt "one of your 1099-NEC doesnt include enough for us to know where to report the income on your return" and following the advice on this blog ("delete and enter as part of Schedule C"), I am left with no choice but to give up on TurboTax and find another tax software. Funny thing is is that error occurs only with one of two 1099-NEC. Can anyone please help? Thanks
Please follow the instructions in this TurboTax FAQ to contact customer support for assistance: What is the TurboTax phone number?
Edit - POTENTIAL SOLUTION: Select the live assist button (top-right icon that looks like a person with a speech bubble). Decline the plus offering and it'll take you to the help search menu. Search for 1099-NEC. Tap the link that appears at the top of the results to immediately jump to it. Check to see if, as in my case, there is a duplicate entry of your 1099-NEC that is in fact missing info. Delete said duplicate. You'll be able to continue and successfully file.
I'm having this exact same problem right now and it's preventing me from filing. None of the other comments have proven helpful as they point to either paying for live help or contain dead links.
You may not have identified the type of income on your 1099-NEC in TurboTax. To ensure you have entered the form correctly and assigned it as the right kind of income please follow these steps:
@e08613
Is it fair that TurboTax doesn't thoroughly test its software and when we ask for help to fix their bug, they ask to add the PLUS option? I'll try to call tomorrow and if no help, and although I'm a client for many years, I'll move to another online tax service and never TurboTax again.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
lsfinn
New Member
jliangsh
Level 2
nickchoksi
New Member
MICKEY79
Level 3
RobertBurns
New Member